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Bytes Europe

What Trump’s oil tariff threats mean for Australia byteseu.com/904836/ #AkshitTyagi #America #ASX200 #auspol #Australia #BHP #Diplomacy #DonaldTrump #ForeignPolicy #GlobalMarket #InterestRates #oil #ReserveBank #RioTinto #Sanctions #StockMarket #tariffs #Woodside

Bytes Europe · What Trump's oil tariff threats mean for AustraliaU.S. President Donald Trump’s latest foreign policy gambit, threatening sweeping tariffs on countries that continue to import Russian oil, has jolted global markets and raised fresh concerns among U.S. allies, including Australia.  At face value, the move might seem distant. After all, Australia doesn’t import Russian crude and its public stance has consistently been pro-Ukraine. But in an interconnected global economy, when the U.S. coughs, others can catch a cold. Trump signaled he would impose secondary sanctions and up to 50% tariffs on countries still purchasing Russian oil, warning that if a deal wasn’t made soon between Ukraine and Russia,
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Peter

@IndyMediaAus

The best time to cut rates was last week. The second best time is 𝘳𝘪𝘨𝘩𝘵 𝘯𝘰𝘸.

“Waiting until nearly the end of May is far too long. The RBA should be nimble enough to realise that the tariffs levied by the USA are an unprecedented move that is already sending shockwaves through the world’s economy.

“It should get out in front and cut rates now rather than wait for Australia’s economy to be damaged further.”

#Australia#InterestRates
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Munaeem's Blog

Trump’s Egg Price Solutions: What You Need to Know

Alright, let’s dive into this like we’re grabbing coffee and unpacking the wild world of egg prices in the US. You’ve probably noticed your grocery bill looking a little uglier lately—especially if you’re an omelet fan. So, what’s the deal? Why are eggs suddenly costing an arm and a leg, and can Trump—or anyone—fix it? Spoiler: it’s a messy mix of bird flu, corporate consolidation, and some economic realities that don’t bend to political promises. Grab a seat; this […]

munaeem.de/2025/03/25/trumps-e

#birdflu#CostOfLiving#economics
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Bytes Europe

UK chancellor will double down despite growing opposition – POLITICO byteseu.com/860793/ #BritishPolitics #Budget #Debt #EconomicGovernance #EconomicPerformance #FiscalMeasures #Germany #GreatBritain #Growth #Inflation #InterestRates #KeirStarmer #RachelReeves #Stability #Tax #UKBudget #UnitedKingdom #welfare

Bytes Europe · UK chancellor will double down despite growing opposition – POLITICOFurthermore, in an unwanted backdrop to Wednesday’s upcoming statement, the U.K.’s GDP fell by 0.1 percent in January, down from a rise of 0.4 percent in December. And government officials expect the Office for Budget Responsibility to downgrade its forecast of 2 percent growth this year to around 1 percent. This means financial markets are watching Reeves closely. The wobble that saw government borrowing costs rise in January (before falling back down) was a sign the chancellor still has to prove her mettle. She thus wants to take immediate action on Wednesday, showing her “ironclad” rules are still “nonnegotiable” and
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Nonilex

US #CentralBank holds #InterestRates steady

#TheFed said it will slow the pace of the drawdown of its balance sheet, as it faces challenges in assessing #market liquidity….

Stmnt: "The Cmte will continue reducing its holdings of #Treasury #securities & agency #debt & #mortgage‑backed securities. Beginning in April, the Cmte will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $25B to $5B."

#economy
reuters.com/world/us/fed-meeti

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